Smurfit Enters $650M Asset-Backed Loan Facility
The loans will include a $550 million U.S. facility and a $100 million facility for Smurfit's Canadian arm, according to an 8-K filing with the U.S. Securities and Exchange Commission on Wednesday.
Deutsche Bank AG, JPMorgan Chase Bank NA and several of their affiliates are acting as lead arrangers for the loan facility, according to the filing.
The ABL revolving facility...
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